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brothers exchange identical from same village plots .
12-Feb-2025 (In Property Law)
two adjucent, identical plots are in the name of two brothers. they want to exchange it for their convienince is it possible without paying stamp duty.
As per the Indian Stamp Act of 1899, an exchange of immovable property between two brothers requires a registered exchange deed, and stamp duty is applicable as per state laws. There is no exemption from stamp duty unless state-specific concessions exist for family transfers.
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Adv. Ranabir Datta
Pune | 100+ Answers
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yes it is possible.
for that purpose two brothers must be the real brothers of each other then and then only you can exchange your properties or plots without paying stamp duty to the government .
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Adv. Rahul Ramesh Joshi
Pandharpur | 25+ Answers
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Dear client based on your query, it may be advantageous to seek the guidance through legal provisions and legal authority, which can provide tailored advice and ensure all relevant aspects are considered, also to ease the matter we can help you regard the process and in legal ways for which you can connect with us.
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Adv. Kalpana Sanap
Pune | 200+ Answers
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